#OrderTypes101

In trading, understanding order types is crucial. A market order executes immediately at the best available price. A limit order sets a specific price, executing only if the market hits that level. Stop orders trigger a market order once a set price is reached, often used to limit losses. Stop-limit orders combine both stop and limit features. Trailing stops adjust automatically with price movement, locking in profits. Choosing the right type helps manage risk, improve execution, and match your trading strategy. Mastering these basics is key to navigating markets confidently and efficiently. Know your tools—trade smarter.